The controls, known locally as el cepo (the clamp), meant that citizens and businesses were limited in the amount of foreign ...

Argentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund on Friday and, in a major policy move ahead of the deal, dismantled key parts of its ...

Argentine savers are going back to the bank to buy dollars after President Javier Milei granted them complete freedom to do ...

Oil prices fell on Monday after oil-producing group OPEC+ agreed to accelerate oil production increases, while Taiwan's ...

Savers are going back to the bank to buy dollars after President Javier Milei granted them complete freedom to do so.

BUENOS AIRES, Argentina (AP) — The International Monetary Fund disbursed on Tuesday the first installment of Argentina's new $20 billion bailout after President Javier Milei removed most of ...

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity ...

Argentina has clinched $42bn in medium-term funding from the International Monetary Fund (IMF) and two other financial institutions as it announced it is abandoning most of its tight currency controls ...

Argentina's official and black market exchange rates have converged after six years of disparity due to capital controls.

Argentina has agreed to relax its strict currency controls as part of a $20bn loan from the IMF, as pressures mount on libertarian President Javier Milei’s plan to revive the economy.

Argentina will eliminate major parts of the so-called "cepo" capital controls that have restricted access to foreign currency, the central bank said in a statement. Companies, from this year ...